https://www.taxtmi.com/caselaws?id=220644 The court quashed Circular No.158/9/2012-ST and Circular No.154/5/2012-ST as they were found to be contrary to the Finance Act, 1994 and the Point of Taxation Rules, 2011. It was held that the applicable rate of service tax for services rendered and invoices issued before 01.04.2012, but with payments received after this date, would be 10% as per Rule 4(a)(ii). The court emphasized that circulars cannot override statutory provisions and rules, ultimately leading to the quashing of the circulars and allowing the writ petitions. en-us Fri, 01 Feb 2013 00:00:00 +0530 Fri, 01 Aug 2014 10:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=220644 The court quashed Circular No.158/9/2012-ST and Circular No.154/5/2012-ST as they were found to be contrary to the Finance Act, 1994 and the Point of Taxation Rules, 2011. It was held that the applicable rate of service tax for services rendered and invoices issued before 01.04.2012, but with payments received after this date, would be 10% as per Rule 4(a)(ii). The court emphasized that circulars cannot override statutory provisions and rules, ultimately leading to the quashing of the circulars and allowing the writ petitions. Case-Laws Service Tax Fri, 01 Feb 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=220644